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Job losses as ‘worthless’ Fife hotel closes in run up to Christmas
© George Mcluskie Photographer 37
A loss-making Fife hotel has permanently closed and its owner has started a liquidation procedure.
Newly filed documents at Companies House show loss-making King Malcolm Hotel in Dunfermline closed earlier this month.
The subsidiary of Peel Hotels which operated the 48-bedroom property has been put into voluntary liquidation.
© George Mcluskie Photographer 37
King Malcolm Hotel in Dunfermline.
The hotel has struggled financially for several years, with its value completely written off in Peel Hotel’s company accounts in 2018. The number of job losses is unknown.
The group has started a similar process with its 68-bedroom Strathdon Hotel in Nottingham.